Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model. Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices. Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud. Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud. To identify: The fraud risk factor exist in the situations.

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Answer 1

Question

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

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Answer 2

Question

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

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Answer 3

Question

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

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Answer 4

Question

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

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Answer 5

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

Answer 6

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

Answer 7

Chapter 1, Problem 3QS

To determine

Fraud Triangle: It is a model that contain three factors that increases the chances of fraud. Criminologist created the fraud triangle model.

Opportunity: Opportunity is a kind of chance that everyone have. But it is individual decision to taking opportunity in negative sense or in positive sense. Negative opportunity initiates fraudulent practices.

Pressure: Pressure is also based on the thinking of individual. There is positive pressure to complete the work timely and correctly this is positive pressure. And to earn money through short cut involve negative pressure and increase the chances of fraud.

Rationalization: It is the process to make excuses in every situation. This kind of behavior increase the chances of fraud.

To identify: The fraud risk factor exist in the situations.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 1 - Prob. 1MCQ Ch. 1 - Prob. 2MCQ Ch. 1 - If the assets of a company increase by $100,000...Ch. 1 - Brunswick borrows $50,000 cash from Third National...Ch. 1 - Geek Squad performs services for a customer and...Ch. 1 - Prob. 1DQ Ch. 1 - Prob. 2DQ Ch. 1 - Identify four kinds of external users and describe...Ch. 1 - Prob. 4DQ Ch. 1 - Prob. 5DQ

Solution Summary: The author explains that the fraud triangle model contains three factors that increase the chances of fraud.

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